CON 3910 PRACTICE EXAM 1 |
QUESTIONS & ANSWERS (VERIFIED) |
LATEST UPDATE | GRADED A+
Market Research is conducted during which phase of acquisition?
Correct Answer: All phases of the acquisition
What is the use of a procedure that is inconsistent with the FAR
Correct Answer: Deviation
Simplified Acquisition Procedures (SAP) should:
Correct Answer: Promote competition to the maximum extend practicable
What is the tool (form) used by DoD to apply a structured profit/fee?
Correct Answer: DD Form 1547 - Weighted Guidelines Method
What type(s) of contracts can be awarded when acquiring commercial items of supply?
Correct Answer: Only firm-fixed-price contracts OR fixed-price contracts with
economic price adjustment
This study source was downloaded by 100000820853758 from CourseHero.com on 12-20-2025 23:47:18 GMT -06:00
1
https://www.coursehero.com/file/247096906/TRYYY-20pdf/
, When using invitations for bids (IFBs), what type(s) of contracts can be awarded?
Correct Answer: Only firm-fixed-price contracts OR fixed-price contracts with
economic price adjustment
Which of the following is correct regarding the DFARS Procedures Guidance and
Information (PGI)?
Correct Answer: The DFARS PGI is a companion resource to the DFARS
Which of the following statements is accurate regarding the Government's policy on
contract modifications?
Correct Answer: Only contracting officers acting within the scope of their authority are
authorized to execute contract modifications on behalf of the Government
Which of the following is accurate about unilateral modifications?
Correct Answer: Are only signed by a Government contracting officer, not the
contractor
Except when authorized otherwise, a Government contract:
Correct Answer: Must be in writing
Which is NOT a type of contracting officer?
Correct Answer: Executive contracting officer
This study source was downloaded by 100000820853758 from CourseHero.com on 12-20-2025 23:47:18 GMT -06:00
2
https://www.coursehero.com/file/247096906/TRYYY-20pdf/
QUESTIONS & ANSWERS (VERIFIED) |
LATEST UPDATE | GRADED A+
Market Research is conducted during which phase of acquisition?
Correct Answer: All phases of the acquisition
What is the use of a procedure that is inconsistent with the FAR
Correct Answer: Deviation
Simplified Acquisition Procedures (SAP) should:
Correct Answer: Promote competition to the maximum extend practicable
What is the tool (form) used by DoD to apply a structured profit/fee?
Correct Answer: DD Form 1547 - Weighted Guidelines Method
What type(s) of contracts can be awarded when acquiring commercial items of supply?
Correct Answer: Only firm-fixed-price contracts OR fixed-price contracts with
economic price adjustment
This study source was downloaded by 100000820853758 from CourseHero.com on 12-20-2025 23:47:18 GMT -06:00
1
https://www.coursehero.com/file/247096906/TRYYY-20pdf/
, When using invitations for bids (IFBs), what type(s) of contracts can be awarded?
Correct Answer: Only firm-fixed-price contracts OR fixed-price contracts with
economic price adjustment
Which of the following is correct regarding the DFARS Procedures Guidance and
Information (PGI)?
Correct Answer: The DFARS PGI is a companion resource to the DFARS
Which of the following statements is accurate regarding the Government's policy on
contract modifications?
Correct Answer: Only contracting officers acting within the scope of their authority are
authorized to execute contract modifications on behalf of the Government
Which of the following is accurate about unilateral modifications?
Correct Answer: Are only signed by a Government contracting officer, not the
contractor
Except when authorized otherwise, a Government contract:
Correct Answer: Must be in writing
Which is NOT a type of contracting officer?
Correct Answer: Executive contracting officer
This study source was downloaded by 100000820853758 from CourseHero.com on 12-20-2025 23:47:18 GMT -06:00
2
https://www.coursehero.com/file/247096906/TRYYY-20pdf/
